Based on the definitions of these data analytic types, the following are true:
- a. Descriptive analysis
- b. Descriptive analysis
- c. Prescriptive analysis
- d. Diagnostic analysis
- e. Predictive analysis
- f. Diagnostic Analysis
- g. Adaptive and Autonomous analysis
Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.
Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.
Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.
Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.
Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.
In conclusion, there are different types of data analytics that can be used.
Find out more about data analysis at brainly.com/question/25782746.
A, the rent. If confused between A and B, remember that electricity is a cost that can fluctuate over the amount of business, as well as C and D.
Answer:
Financial advantage $159,000
Explanation:
unit variable cost = 15 + 12 + 8 + (25%×8) = $37
Note the selling variable cost is now 25% of the initial cost before the special order because of the 75% savings
The fixed cost were not considered in the analysis because they are not relevant. They would be incurred either way, whether the order is accepted or not
Financial advantage of the special order
$
Sales revenue from special order = (6,000× $65) = 390,000
Variable cost ( 6000× $37
) = (222,000
)
Cost of special machine <u>( 9,000)</u>
Financial advantage <u> 159,000</u>
Answer:
A. True
Explanation:
Internal rate of return abbreviated as IRR, is a capital budgeting technique used to evaluate the profitability of a potential project or an investment. In calculating the IRR, the net present value of the project's cash inflows is set at zero. Getting the actual value of the IRR is through trial and error, or specially programmed software.
IRR shows the growth rate a project or an investment is expected to generate. The higher the value, the better. As a rule, only projects whose IRR is greater than the minimum required rate of return should be accepted. The required rate of return is the same as the cost of capital for the project.
